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20130113
20130121
Search Results 0 to 5 of about 6 (some duplicates have been removed)
in the economy. so are they right? does this new payroll tax hike mean less spending and a weaker economy? hi, everyone, i'm brenda buttner, this is bulls and bears, here they are, the bulls and bears this week, gary b smith, tobin smith, jonas max ferris along with walker stableton and steffen, gary b. it turns out not just the rich, but the payroll tax hike smacking just about all workers, will it smack the economy next? >> i don't see how it can't, brenda. the person in tt little clip summed it up perfectly. it makes a little bit of a difference and a little bit of a difference times a few hundred million people makes a big difference. it's already been studied by economists, they predict 4 to 500,000 jobs lost, 1/2% lopped off the the gdp. if you look around the studio there, everyone that gets a paycheck, like they said in that little clip, sees less he money. that's less money they were going to spend on groceries, at the drug store, the gas station and that money gets sucked out of the economy, so do jobs. >> brenda: well, now, this does hit lower and middle class americans harder beca
rid of the nation's debt limits. they say it's keeping the economy down but won't getting rid of it just push the economy down even more? hi, everyone, i'm brenda buttner, this is bulls and bears and let's get right to it. the bulls and bears this week, gary b smith, jonas max ferris and along with todd schoenburger. >> gary get rid of the debt ceiling best or worst thing for the economy? >> it's absolutely the worst thing, brenda. the left likes to say, well, you know, ronald reagan raised the debt limit 18 times, george bush raised it 7 times, bill clinton raised it 8 times. so, you know, both sides do it so it must be okay, and from the perspective of fair and balanced, it has to stop no matter who is president. we go through the same cycle, we raise the debt limit, spend more,en go out and borrow more, and raise the debt limit again and it looks like it's unstoppable, but this is the check and balance of how t govern our society. we can't afford the bills we have now to pay. someone has to say, no, spend what you have and let's move on. >> brenda: you know, it doesn't real
Search Results 0 to 5 of about 6 (some duplicates have been removed)